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Bob Meinetz's picture
Nuclear Power Policy Activist, Independent

I am a passionate advocate for the environment and nuclear energy. With the threat of climate change, I’ve embarked on a mission to help overcome the fears of nuclear energy. I’ve been active in...

  • Member since 2018
  • 6,980 items added with 267,832 views
  • Apr 9, 2021

"Investors are betting that global support for a transition to cleaner energy will benefit nuclear power and its fuel uranium.

A Solactive index tracking shares in uranium miners has rallied 35 per cent in 2021 on a total return basis, reaching its highest level in more than six years. The move is being driven by hopes that nuclear energy will play a role in helping countries shift away from fossil fuels as they target net zero emissions by mid-century.

Nuclear energy provides a low-carbon source of power that is not intermittent, unlike wind and solar. 'Electrification and clean energy is at the heart of the Asian rollout of nuclear capacity led by China,' Rob Crayfourd, a portfolio manager at the New City Investment Managers’ Geiger Counter fund, said. 'In tandem with that, Biden and the EU's policies are very much keen to incorporate nuclear as part of the energy mix.'"

Source: Financial Times


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